Chapter 29 Provincial State Investment Corporation
Chapter 29 Provincial State Investment Company
In July 1988, the State Council issued the "Recent Reform Plan for the Investment Management System" to establish six national professional investment companies: energy, transportation, raw materials, electromechanical and light textiles, agriculture and forestry at the central level. Subsequently, the state would concentrate all the money originally allocated to ministries and commissions on the six major professional investment companies, and they would represent the country to invest in all basic construction projects.
This investment system reform plan was proposed by famous economist Ma Hong, referring to the model of Singapore's state-controlled company Temasek. The plan also reflects the spirit of the State Council's institutional reform in 1988, namely, weakening the functions of professional economic departments to directly interfere with corporate business activities to achieve reforms that enhance the government's macro-control capabilities and highlight industry management goals.
The plan mentioned that the personnel of the six major professional investment companies were transferred from existing administrative and professional personnel in various departments, so many officials became corporate employees in name. At that time, a clerk might have granted 100 million yuan in funds a year, and the work was like "sitting money on a plane every day to spread money to all parts of the country."
In 1992, after Deng Gong visited the southern tour, government departments and enterprises invested 100% high, and the six major investment companies that dominated a large amount of national fiscal investment naturally attracted a lot of criticism. In 1994, the six major investment companies were abolished, and the company's employees were reorganized and a new national development investment company was established. At that time, a number of investment companies in various provinces that were born with the six major investment companies were already in a small way, and they did not decline with the cancellation of the six major investment companies. On the contrary, the development situation was not bad, and it was better than the Guotou, which had the "national" brand.
After all, Central Plains Province is a central province with weak capital and a large gap in ideas and ideas compared with coastal areas. The heads and minds of the Provincial State Investment Corporation are both officials and businessmen, but these great masters are still fighting in power, so it is really difficult for them to talk about business.
In the past life, these provincial government investment companies had borrowed heavily from outside and borrowed money internally, resulting in a large number of bad debts. In 1997, the Asian financial crisis hit and a large number of foreign capital was withdrawn. These provincial governments suffered serious losses and went bankrupt one after another. The State Council sent an expert audit team to various places to investigate local government investment companies and removed a large number of officials. Among them, the most serious Guangdong Guotou went bankrupt and was seriously insolvent. In the end, the Guangdong Provincial Government suffered huge losses of 30 to 40 billion yuan for it. It also confirmed from another level that the most oil-friendly unit in a place was Guotou Company.
However, those who can become officials are not fools, and they cannot do so. They can entrust capable people to help. They are very interested in the process of Xingfu Investment Company's leap from a small company with a million assets to a large company with a net worth of over 100 million in just a few months. If possible, it would be perfect for both parties to cooperate.
Yang Xing also felt that this was a win-win opportunity. The other party has money, but he has the ability and can make money with other people's money is the basic rule of the financial industry. He has always deliberately refused to deal with the banking system. First, he avoided suspicion, and second, his business focus is outside and not inside in the future. With domestic policies, it is difficult for companies like him to obtain loan indicators. However, financial giants under the surface like Provincial Guotou Company can consider cooperation.
The boss of the provincial investment company is Wang Gangzheng. He looks very consistent with the image of corrupt officials in many people's hearts. He is white and fat, with a big belly. However, he is very enthusiastic. He shakes hands when he sees Yang Xing's face. When he sees Wang Yiren behind Yang Xing, his eyes lit up. He grabbed Wang Yiren's hand for a long time. If Yang Xing hadn't seen Wang Yiren's eyebrows turn straight, he hurriedly pulled her away, Wang Yiren would have dared to slap Wang Gangzheng on the round face.
Yang Xing held Wang Yiren, who was rubbing his hands hard on his clothes, and sat down. He pretended not to see anything and talked about cooperation with Wang Gang. The Provincial State Investment Company had a great family and was guaranteed by Quan Mingyao and others. Without hesitation, he proposed to spend 100 million yuan to sign a half-year contract with Xingfu Investment Company. If the investment return is generous in half a year, more funds will continue to be invested.
Wang Yiren couldn't help but be amazed. 1994-97 was the year when the country implemented the most macro-control efforts. It compressed money internally and controlled inflation. In addition to large state-owned enterprises, local state-owned enterprises would have to spend time and effort to improve their operating capabilities through bank loans. Before leaving, Kan Dongtian hinted through Wang Yiren that the province granted technical transformation funds to Jiudu this year were only 80 million yuan, which was the largest national-level state-owned enterprise in Jiudu. However, Yang Xing couldn't take care of himself and could only turn a deaf ear.
The city leaders knew that they had received such a large investment and would not come to beg for alms every day! Although Wang Yiren was not interested in Wang Gangzheng, business was business, and with such a big fat sheep waiting to be slaughtered, she still tried her best to deal with everyone on the table. She looked very beautiful. She rolled in the romance field as a teenager, and later showed up at the city government. She was doing things to come and send off. She threw her eyes over and the men could only drink cheers and drink wine.
She also had an amazing alcohol tolerance. At the end of the banquet, she was like a woman fighting a group of wolves. When it comes to business planning, she was far inferior to Yang Xing, but Yang Xing could not catch up with her in these social occasions. This was also one of the reasons why Yang Xing was willing to pay a lot of money to bring him over. During the fight between the wine country, not only did Wang Gangzheng and others dizzy, but even Quan Mingyao and others who were accompanying him shouted "female heroes" and were willing to give up the disadvantage, and reached a cooperation "unequal treaty" with Yang Xing.
After dinner, Wang Gangzheng, Quan Mingyao and others were preparing to go to the nearby foot washing city to continue "**". Yang Xing refused to go on the grounds of taking care of Wang Yiren, and helped Wang Yiren out of the restaurant in the ambiguous eyes of everyone. Looking at Wang Yiren's eyes closed, and his red face was oozing blood, Yang Xing couldn't help but ask worriedly: "Why don't you open a room in the hotel, do you rest before going back?"
Wang Yiren suddenly opened her eyes and saw that her eyes were clear, and she didn't look drunk at all. She smiled and said, "These perverts want to get me drunk, and they have to practice for another ten years. But you little guy, not simple in mind, and actually want to open a room while I am not prepared." After saying that, she wanted to stand up straight, but she didn't expect that the famous wines such as Maotai were drinking at the banquet were very strong. She also had white wine, red wine, and yellow wine. The wine surged up, her whole body became soft, and her whole body pressed on Yang Xing's arm. Yang Xing hurriedly hugged her tightly to prevent her from continuing to slide to the ground. She only felt that Wang Yiren looked plump but not heavy. Her plump breasts were squeezed against her chest, and her nose smelled the skin and the faint smell of the wine on her body. It seemed that it was good to just hold her like this.
The two of them maintained this ambiguous posture for several minutes, and several waiters in the lobby showed knowing smiles. Although Yang Xing was terrified, he had to pretend to be gentleman in broad daylight. Suddenly, Wang Yiren, who was buried on his shoulder, moved his face, and some water dripping against his neck. Before he could speak, Wang Yiren looked up and stood up straight as if nothing had happened. "I saw how hard I am today. I'm not asking for some financial compensation. Now I decided to go to the best shopping mall Women's Square in the mall to go to the women's square to buy everything." Looking at Wang Yiren's arrogant aura, Yang Xing could only nod in a desperate way. When he followed her out for a taxi, he subconsciously touched his neck. Did he just feel illusion that was her tears?
The Mall Women's Square is located on the ground floor of the Asian Building in the city center. It can be regarded as the best consumption place in the entire Central Plains Province. It includes hair salons, coffee houses, beauty rooms, boutique houses and other consumption places. It can be regarded as a paradise for women, a man's nightmare - a nightmare for energy and wallets.
In his previous life, Yang Xing had a skill that most men lacked - to go shopping with women. He conquered his wives at that time with this ability. Now he naturally would not make the mistake of ordinary men. He followed Wang Yiren in the Women's Square.
In 1995, it was not very convenient to use a bank card to swipe a card in another place. Wang Yiren had a high vision and would not buy it if he was not an international brand. The thousands of yuan in cash she brought with him was dazzling. Yang Xing went to the bank at the foot of the square building to withdraw 10,000 yuan. Before he could walk out of the bank, he saw a lot of people crowding at the bank entrance. After getting closer, he found out that there was a high-end hair salon next to the bank. The shops here were charged a bit high. Just now, there were a few girls wearing sweatshirts who came to the store to make their hair. After checking out, they were shocked. They actually spent more than 7,000 yuan.
You should know that the monthly basic salary of the mall in 1995 was only 350 yuan, and these hairstyle accounts had to be cleared for more than 20 months. Of course, the girls didn't do it and started arguing with the owner. The people around us quickly gathered up and blocked the bank entrance.
In fact, it is not uncommon for slaughtering customers in this store nationwide. Everyone is talking about whether the owner must be bullying a few girls who are outsiders and have never seen the market bidding. However, it was the first time that Yang Xing heard about such an outrageous price. He wondered if the owner had any other ideas?
When I looked closer, I saw that the girls were about 10 years old and were quite tall. If they weren't for the words "Central Plains Women's Basketball Team" printed on the back of their sportswear, I would have thought that the model team was on vacation. Although the girl with darker skin in the middle had mature face and figure, she looked at Wang Yiren at first glance, but she still showed a hint of childishness on her lips. Men from sixteen to sixty years old were not very resistant to women with model figures. The height of this little beauty was outstanding among these tall girls. She was born for the modeling industry. No wonder the owner of the shop had a big index finger and came up with such a trick.
{Piaotian Literature www.piaotian.net Thank you for your support, your support is our greatest motivation}
Chapter completed!